Curtiss-Wright Corporation (NYSE:CW) today announced a $100 million expansion of its 2024 share repurchase program, which it expects to complete via a 10b5-1 program by the end of the year. This program will be conducted in concurrence with the existing $50 million share repurchase program being executed this year, and follows the recent completion of a $100 million opportunistic program that was executed in the third quarter. As a result, the Company now expects annual share repurchases of $250 million in 2024.
Beginning in January 2025, the Company also expects to repurchase $60 million in shares via a 10b5-1 program, an increase from the prior $50 million annual plan, which is expected to offset potential dilution from compensation plans.
